
Canada - TSX:CEW - CA46433J1084 - ETF
Taking everything into account, CEW scores 8 out of 10 in our technical rating. Although CEW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CEW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.36, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
21.04
We found 3 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CEW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEW.CA is up. |
| ChartMill Relative Strength | 69.51 | NEUTRAL | CEW.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CEW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.77 | NEUTRAL | The RSI value for CEW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CEW.CA has a negative trend. |
| Stochastics (14,3) | 82.37 | OVERBOUGHT | The high Stochastics value suggests CEW.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for CEW.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.96 | POSITIVE | The high ADX value value for CEW.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.51 | 25.08 | 0.43 (1.69%) | 25.00% |
| An entry @25.51. This is a Buy Stop order right above the resistance zone. | An exit @25.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.43 points, which is 1.69%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:CEW (11/6/2025, 7:00:00 PM)
25.39
-0.02 (-0.08%)
ChartMill assigns a technical rating of 8 / 10 to CEW.CA.
The current trend direction for ISHARES EQUAL WEIGHT BANC & (CEW.CA) is Bullish.
ISHARES EQUAL WEIGHT BANC & (CEW.CA) has an RSI value of 63.7679. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES EQUAL WEIGHT BANC & (CEW.CA) has a value of -0.013167, indicating a bearish trend.
The buy/sell signal for ISHARES EQUAL WEIGHT BANC & (CEW.CA) is buy as both the short term and long term trends are positive.